Corporate social responsibility and its sustainable development based on elimination of outdated industrial capacity——A case study of Hebei Town,Beijing

Corporate social responsibility includes economic responsibility,environmental responsibility and comprehensive responsibility.Economic responsibility is the foundation and premise of the other two.Environmental responsibility and comprehensive responsibility are built on economic responsibility.At the same time,these three responsibilities are inherently related because a business or enterprise should perform them simultaneously.This principle also applies to the elimination of outdated industrial capacity.Through investigation and research of the present situation,as well as the process and result of the elimination of outdated industrial capacity in Hebei Town,Fangshan District,Beijing,this paper analyzes the existing problem,determining thereby that the local government puts more emphasis on environmental responsibility than economic responsibility and private enterprises take more environmental responsibility than state-owned enterprises.Consequently,this paper proposes that the government and enterprises should abide by the rule of enterprises’social responsibility in the elimination of outdated industrial capacity,so as to achieve sustainable development in society.